AX · Axos Financial, Inc.

Axos Financial, Inc. disclosed via Regulation FD an investor presentation to be used at meetings starting May 5, 2026, showcasing robust Q3 FY2026 results with net income of $105.2 million (19% YoY growth), diluted EPS of $1.81 (19% YoY), 22% asset growth to $124.7 million implied scale, and 11% deposit expansion. Balance sheet strength evident in $22.4 billion total deposits as of March 31, 2026, with ~85% FDIC-insured or collateralized, diversified across consumer direct ($10.8B), commercial & treasury ($5.0B), and fiduciary services ($1.1B). Loan portfolio grew to $25.5 billion, led by increases in lender finance (+103), asset-based/cash flow (+63), and CRE specialty (+146), supported by low historical credit losses from asset-based lending at low LTVs. CRE specialty ($7.2B) features 59% indirect notes with first payment priority and 41% weighted-average LTV. Efficiency stands out with 6th percentile efficiency ratio (43%) versus peers, ROE 16.26% (93rd percentile), ROAA 1.77% (93rd percentile), and resilient NIM at 4.76%. Non-interest income diversified and growing, with securities division net revenues at $38.2 million in Q1 FY2026 (annualized from March quarter). Three divisions—Consumer Banking, Commercial Banking, Securities—drive growth via differentiated digital strategy, technology synergies, and new initiatives like UDB platform evolution and operational productivity via AI/low-code. Forward-looking statements highlight sustained growth potential amid fee compression and advisor consolidation trends, though subject to risks like interest rates and credit quality. Information as of May 4, 2026, not filed under securities laws.